Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joan Osland Graffius who wrote (65588)	7/31/1999 12:50:00 PM
From: JBW	Read Replies (1) of 132070

Joan, In addition to the points you make consider our trade imbalance. Does anyone really believe that we can run deficits which will be hitting three hundred billion year for long. And bring in endless numbers of uneducated low skill people from third world countries? Something has to give. If we try to restrict imports the result will be our creditor nations not buying our debt. They are buying it with the money we buy their exports with. Kinda like the Social Insecurity system. They lose money on all the things they do. Borrow high and lend low. And consider if Japan was to start charging market rates for loans in Japan. They will for sure bring their money home and lend it there. In my view we are being set up for a very nasty time. Before it is all over we may well lose a lot more than money. JBW

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next